How long for CTC?

Home Forums Purchase Program How long for CTC?

Viewing 15 posts - 1 through 15 (of 16 total)
  • Author
    Posts
  • #2975
    freezerburn
    Participant

    We received a ” This file was cleared by HAND on 9/6/12 and all lender conditions have been addressed. The lender will review and issue clear to close shortly” . So obviously the word ‘shortly’ is no in a few minutes or hours.

    Can anyone tell me how long it would normally take to get a CTC date?

    Thanks.

    #2981
    TTrumble
    Member

    Hello freezerburn,

    While normally, Clear to Close usually occurs three business days after the application is sent to the bank, we have been seeing some longer turnaround times lately just because of the incresed volume during the summertime.

    Please continue to monitor your file for updates.

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

    #2984
    freezerburn
    Participant

    Thank you Mr. Trumble! You response is much better than the word “shortly”.

    #2997
    freezerburn
    Participant

    Received Closing Date! Its on Thursday 9/13/2012 !! Horayyyyyy!!!

    #3000
    MD-Closing-is-next
    Participant

    Congratulations @freezerburn. I’m so happy for you! Mine is this Friday. I can’t wait!

    #3001
    homebounddk
    Participant

    Wow! That’s great. I’m so happy for you! Enjoy your new home!

    #3002
    freezerburn
    Participant

    Thank you everyone! and also congratulations to @MD-Closing-is-next for your closing too!

    #3008
    pritynpink08
    Participant

    Congrats @freezerburn!!

    #3011
    gimme_my_house
    Participant

    Congrats to you both! =}

    #3012
    TanyaMo
    Participant

    AWESOME!!! Congrats to you both! WOW two in one week… hope to hear from others, so we can celebrate!

    Too bad we can’t post pictures on here. Would be great to everyone standing in front of their new homes.

    God bless,
    Tanya 🙂

    #3025
    TTrumble
    Member

    Hello all,

    Congratulations freezerburn and MD-Closing-is-next !

    Tanya, great idea! How about this: e-mail me that picture standing in front of your new home and I’ll post it on our Facebook page to share with everyone! Freezerburn and MD-Closing-is-next, how about you being the first two?

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

    #3031
    MD-Closing-is-next
    Participant

    Thanks Everyone!!! Can’t wait to touch my keys..3 years in the making/waiting 🙂
    The .75 percent interest rate I was able to lock in was worth every distressed minute and tear shed.
    @ Tim, I will consider that photo 🙂

    #3035
    Calhounwoman
    Participant

    Wow!!! I was getting discouraged (cash buyers/investers snapping up affordable homes) until I saw all of you “closing”. I’m jazzed up again! Contragulations, to all of you; I’m so excited for you! Hope to see the Celebration photos soon…

    #3036
    TTrumble
    Member

    I’m looking forward to posting those photos!

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

    #3038
    freezerburn
    Participant

    Thanks again all, I don’t think I will be posting any pictures with the house – security reasons! Haha! I might still consider! At work now, but closing is at 1.30 today. I am so excited!


    @Calhounwoman
    our in-house NACA Broker is awesome. She showed us (after many others) a new construction and apparently they are really close to NACA and gave good incentives especially for NACA members. We had a 6% and on top of that a further 11k discount. The builder is reputable too. I know this because of extensive research on the builders and also when we did house insurance shopping, all companies gave further discount because of the good standing of the builder. Stick to NACA 🙂 The reason also why we choose the NACA in house broker – they know in and out of the program and any deals they have with builders! Good luck!

Viewing 15 posts - 1 through 15 (of 16 total)
  • You must be logged in to reply to this topic.